Zip 37882 (Townsend, TN) Economy


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37882 Townsend, TN is an outstanding community located in eastern Tennessee. With a population of 1,800, the town offers peaceful and serene living. The 2 bedroom rent in 37882 Townsend, TN is $1,140 which is slightly lower than the US average of $1,430. This makes it affordable for many people to live here. Additionally, the grocery cost index in this town is 99 compared to 100 in the US. There are numerous local businesses that thrive in this area such as Woods Brothers Builders Inc., Babb Construction Inc., and Lovells Flooring LLC. These local companies contribute greatly to maintaining Townsend's small-town feel while also providing quality services that benefit all its citizens.

Townsend (zip 37882) has an unemployment rate of 4.7%. The US average is 6.0%.

Townsend (zip 37882) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.

Tax Rates for Townsend (zip 37882)
- The Sales Tax Rate for Townsend (zip 37882) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Townsend (zip 37882) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Townsend (zip 37882)
- The average income of a Townsend (zip 37882) resident is $24,636 a year. The US average is $28,555 a year.
- The Median household income of a Townsend (zip 37882) resident is $51,176 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTownsend, TennesseeUnited States
  4.76
  -4.2%-6.2%
  38.7%33.5%
  9.8%6.2%
  0.0%4.6%
  $37,609$37,638
  $51,176$69,021
  $80,000$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  4.1%6.8%
  4.3%10.0%
  0.4%2.5%
  11.3%11.0%
  2.5%4.8%
  0.0%0.8%
  3.0%1.9%
  3.9%4.7%
  1.1%1.9%
  15.9%7.6%
  0.0%0.1%
  12.7%4.2%
  5.2%9.3%
  10.6%14.0%
  2.1%2.1%
  12.8%7.0%
  7.8%4.8%
  1.8%4.7%
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